Uber revolutionized the ride sharing world since it was launched in San Francisco in 2009. Uber operates in 600 cities, 65 countries, and has approximately 3.9 million drivers worldwide. There are an astounding 14 million Uber trips completed each day, with 46% of these trips taking place in large urban areas such as West Hollywood and the greater Los Angeles area. Uber estimates it has completed a total of 10 billion rides as of 2019 and the company’s profits are extraordinary at $11.3 billion in yearly revenue. Uber is valued at approximately $72 billion as of late 2018 and accounts for approximately 69% of all rideshares in the U.S. with Lyft as its biggest competitor. Los Angeles drivers spend an average of $60 a month on Uber trips.
Of course, with more people riding in Uber vehicles comes an increase in Uber related accidents. A 2018 study reported by MIT states that traffic deaths have risen 2-2% since Uber launched and traffic congestion has also increased due to the fact so many Uber vehicles are on the road.
The good news for Uber customers in California is that Uber now has significant insurance coverage in the event you are involved in an accident while either driving for Uber, riding in an Uber, or are hit by an Uber vehicle.
It is important to understand the “period” system employed by Uber to determine the amount of coverage available. Uber divides its driver’s usage into the 3 periods, which are as follows:
It is important to note that getting Uber to fairly compensate you for your injuries is a complex and arduous process. Just because their insurance policy provides for this coverage doesn’t mean they will pay it without a fight. It is essential to speak with an experienced Uber attorney who understands the value of your case and who will fight to obtain a fair settlement on your behalf.
Uber provides up to $1 million in coverage if you are injured as a passenger, even if the accident is the fault of someone other than the Uber driver. For example, if another driver hits the Uber, and that driver has only the California minimum of $15,000 in personal injury liability insurance, Uber will cover up to the remaining $985,000. Of course, these amounts will be paid by Uber only if your damages can be proven at this amount.
If you are injured while driving for Uber, the same scenario as above applies. Uber will cover up to $1 million in bodily injury coverage. However, Assembly Bill AB5 was signed into law in September 2019 reclassifying Uber drivers as employees rather than independent contractors. This new law will impact insurance coverages. For this reason, it is important to speak with an experienced Uber attorney who is knowledgeable of changes in the law.
If you are driving your vehicle and you are hit by an Uber driver, Uber’s insurance company becomes the primary source of insurance recovery and their $1 million bodily injury liability applies.
Likewise, if you are a pedestrian hit by an Uber, their insurance policy covers your bodily injury damages for up to $1 million dollars.
If you are assaulted, stalked, sexually harassed or in any other manner damaged by an Uber driver, their insurance policy may apply. However, this is a complicated process that requires consultation with an experienced attorney. To date, Uber still views their drivers as independent contractors. For this reason, they will assert they are not responsible because their drivers are not employees. This is, of course, nonsense. But it is important you obtain immediate legal representation to protect your interests.
Although it may seem that Uber has plenty of money available to cover your damages, their insurance company and their lawyers often low-ball claims or deny claims outright for a number of reasons. This is why it is imperative to speak to an experienced Uber attorney.
Additionally, the following tips will help you in the immediate aftermath of an Uber accident:
The Law Office of Craig Charles has helped hundreds of people injured in Uber accidents, receiving significant settlements on behalf of clients. If you’ve been injured in an Uber accident, call the Law Office of Craig Charles and let our firm handle every aspect of you case. For a free, no-cost, no obligation consultation, give us a call today at 424-343-0660. There are never any fees for our services unless we win for you! Located in the City of West Hollywood (Weho) on the Sunset Strip. LBGT friendly attorney.
If you've been seriously injured, don't hesitate to contact us for a free consultation. We understand this process may be unfamiliar or confusing, so we make a personal commitment to communicate with you in a clear and timely fashion. Call us today and we'll evaluate your case, walk you through the process — and put you on the path to recovery.